Positive European markets, DAX at all-time highs

Positive European markets DAX at all time highs

(Tiper Stock Exchange) – Purchases on the Milan Stock Exchange prevail, in pole position compared to a positive Europe. Investors don’t seem concerned that after US markets close, Moody’s will pronounce on the Italian ratingcurrently one step away from junk, to Baa3 with a negative outlook.

The German DAXafter closing yesterday’s session at the highs of 2023, goes up again and aims for historic high reached in November 2021. Helping sentiment are signs of progress in US debt ceiling negotiations.

In the new economic bulletin there ECB reiterated that “future decisions of the Governing Council will ensure that key rates are set at sufficiently restrictive levels” to ensure “a timely return of inflation to the 2% objective over the medium term” and that “they are maintained at these levels as long as necessary”. The Governing Council “will continue to follow a data-dependent approach to determining the appropriate level and duration of the restriction”.

Slight growth ofEuro / US Dollar, which rises to 1.08. Slight increase forgold, which shows an increase of 0.24%. Plus sign for petrolium (Light Sweet Crude Oil), up 0.89%.

On the levels of the eve it spreadswhich remains at +185 basis points, with the yield of 10-year BTP which stands at 4.33%.

Among the European lists positive trend for Frankfurtwhich advances by a discreet +0.7%, moves modestly up Londonshowing an increase of 0.44%, and well bought Pariswhich marks a sharp rise of 0.76%.

Business Square continues the session on the rise, with the FTSEMIB which advances to 27,595 points; along the same lines, positive performance for the FTSE Italia All-Share, which continues the day with an increase of 1.24% compared to the previous closing. Just above parity the FTSE Italia Mid Cap (+0.53%); with similar direction, positive the FTSE Italy Star (+0.91%).

Among the best Blue Chips of Piazza Affari, shines Stellantis, with a strong increase (+4.33%). Great performance for CNH Industrialwhich records an increase of 3.73%. Interpump advances by 2.66%. positive Herawith an increase of 2.51%.

The worst performances, however, are recorded on MPS Bank, which gets -2.81%. The negative performance of A2Awhich drops by 1.74%. Italgas drops by 1.53%.

Among the protagonists of the FTSE MidCap, Zignago Glass (+2.73%), Bff Bank (+2.21%), Autogrill (+2.16%) and Fincantieri (+2.13%).

The worst performances, however, are recorded on MARR, which gets -2.85%. Slow day for De Nora Industries, which marks a decrease of 1.14%. Small loss for OVS extension, which trades with -1.06%. He hesitates Italmobiliarewhich drops 0.99%.

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